Broadcast United

Bogota returns to conditional subsidy program | Region | Economy

Broadcast United News Desk
Bogota returns to conditional subsidy program | Region | Economy

[ad_1]

Starting in December, Bogota will adopt a new model to provide subsidies to the public Its focus is on redesigning the minimum solidarity income. This was announced by Roberto Angulo, Minister of Social Inclusion, at the Asomicrofinanzas Congress in Bogota.

(farther: Subsidies eat up more than 80% of the country’s increase in operating expenditure).

Our bet in Bogota is to restore conditional subsidy programs, and we will transform these monetary subsidies. For example, the productive inclusion of young people, including soft skills training, employability and job placement, we have already started the transformation from the beginning of this semester, and by the end of December we will have the transformed program.Angulo said.

(Lea: Mi Casa Ya: ID verification required for subsidy application).

He added:After enjoying unconditional subsidies, Bogota has returned to conditional programs, thinking that it is not necessary to hit labor supply indicators. The question here is how to implement subsidies to increase our labor income and stimulate productivity.”.

During the conference, Paola Arias, director of Banca de las Oportunidades, insisted that financing penetration needs to be improved.

(Via: Citizen income payment or VAT refund: this is how you can find out if you have a transfer).

The departments of Chocó, Guajira, Guaiña, Vichada and Vapés have a coverage rate of 94.6%, with disparities between urban and rural areas, where financial penetration indicators are below 50%, and in terms of credit, as in the case of Vapés, in the lower single digits.

The board announced that they are studying Digital transformation without racial or age bias so that they have the technology available in the financial sector And make the most of it.
He highlighted that another plan of the entity is an insurance lab so that small business owners can deal with the challenges posed by climate risks.

(farther: Citizens’ income and VAT refunds: payments will start earlier than expected).

Holman Rodriguez Martinez
briefcase

[ad_2]

Source link

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *